You know what real property is - the house and the land it's on.
Personal property is any property that is not real property, like furniture, computers, tools, etc. It does not refer to property owned by you.
Tangible personal property is personal property that can be touched or moved, like all of my examples above. This is as opposed to intangible personal property which refers to property you can't touch like goodwill, copyrights, patents and the like.
Are you doing a 1041 return?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
